Posts Tagged ‘cost overruns’

Humans have been obsessed with biggest, largest, most expensive, and other ways to blow resources, since the time immemorial. Earliest religious mythology refers to the attempts to build a tower to heaven – typically unsuccessful. Early civilizations around the world undertook giant constructions – Taj Mahal in India, pyramides of Egypt, various temples and churches of the Mediterranean. Even today we are doing it, despite their waste – because humanity in general has always been excellent and fooling itself; this goes for individuals as well. Read the rest of this entry »